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How technology has created new avenues for digital financial inclusion
FirstpostThe number of active internet users in India is expected to increase by 45 per cent in the next five years and touch 900 million by 2025 from around 622 million in 2020 Financial inclusion is one of the key drivers of economic growth. With an exponential increase in mobile and internet usage and a relatively faster rate of technology adoption, India is poised to deliver Financial Inclusion at scale with the amalgamation of cutting-edge technology and the intent to include our population in the financial mainstream. Digital Financial Inclusion will amplify opportunities and transform lives and it is the FinTech sector which holds the key to nurturing and propagating this ecosystem. Robotic process automation RPA also helps financial institutions to reduce cost and further the cause of financial inclusion in many ways.
History of this topic
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